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Data Literacy in Practice

You're reading from   Data Literacy in Practice A complete guide to data literacy and making smarter decisions with data through intelligent actions

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Product type Paperback
Published in Nov 2022
Publisher Packt
ISBN-13 9781803246758
Length 396 pages
Edition 1st Edition
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Authors (2):
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Kevin Hanegan Kevin Hanegan
Author Profile Icon Kevin Hanegan
Kevin Hanegan
Angelika Klidas Angelika Klidas
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Angelika Klidas
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Table of Contents (21) Chapters Close

Preface 1. Part 1: Understanding the Data Literacy Concepts
2. Chapter 1: The Beginning – The Flow of Data FREE CHAPTER 3. Chapter 2: Unfolding Your Data Journey 4. Chapter 3: Understanding the Four-Pillar Model 5. Chapter 4: Implementing Organizational Data Literacy 6. Chapter 5: Managing Your Data Environment 7. Part 2: Understanding How to Measure the Why, What, and How
8. Chapter 6: Aligning with Organizational Goals 9. Chapter 7: Designing Dashboards and Reports 10. Chapter 8: Questioning the Data 11. Chapter 9: Handling Data Responsibly 12. Part 3: Understanding the Change and How to Assess Activities
13. Chapter 10: Turning Insights into Decisions 14. Chapter 11: Defining a Data Literacy Competency Framework 15. Chapter 12: Assessing Your Data Literacy Maturity 16. Chapter 13: Managing Data and Analytics Projects 17. Chapter 14: Appendix A – Templates 18. Chapter 15: Appendix B – References 19. Index 20. Other Books You May Enjoy

Mitigating typical data and analytics project risks

What are the common risk factors that we have to manage in our data and analytics projects? When it comes to data and analytics projects, we have some typical risks to take care of. We can divide them into four categories:

  • Project risks
  • Technical risks
  • Culture risks
  • Content risks

Managing the risks of projects is important. It’s not only difficult to discuss, collect, and describe the project risks—you’ll also have to think about how to avoid them and address countermeasures. We mention high potential risks in our plans (project plan and business case), but we will have a risk register for all risks. We do this with the following method: what is the chance that this risk will occur and what is the impact of that risk when it occurs? From a project management point of view, managing risks is complex and can be challenging.

Project risks

Project risks are common risks that can occur...

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